Arvind Limited has announced the grant of 32,000 stock options to eligible employees under the company’s Employees Stock Option Scheme – 2021. The grant, approved on May 20, 2026, is priced at an exercise price of ₹485.80 per share. This initiative aligns with the company’s ongoing efforts to incentivize performance and promote employee ownership through equity-based benefits.
Stock Option Grant Details
The Nomination and Remuneration Committee of Arvind Limited has officially approved the issuance of 32,000 equity-linked stock options. Each option represents one equity share with a face value of ₹10 each. This issuance is part of the company’s broader strategy to retain talent and align employee interests with long-term shareholder value.
Vesting and Exercise Schedule
The options are structured to vest over several years, ensuring a long-term commitment from the recipients. The vesting schedule is as follows:
- 10,560 options vesting on May 31, 2028
- 10,560 options vesting on May 31, 2029
- 10,880 options vesting on May 31, 2030
Once vested, employees have a window of 3 years from the date of vesting to exercise these options. The determined exercise price for these shares is ₹485.80 per share.
Source: BSE
